Rest of Asia
Capital A said AirAsia Cambodia, a JV with Sivilai Asia, would launch in the second half of 2023.
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Chromebookgate trial: Prosecutors allege Nadiem Makarim received $48.5m
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India Digest: Haircare brand Moxie, tech startup Tagbin in funding news
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Japan's MUFG names Junichi Hanzawa as new president
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Elham Credit ties up with Digital Climate Group for private credit origination
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India: HDFC Bank gets regulator's nod to acquire up to 9.5% in IndusInd Bank
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Indonesia agritech shows resilience but capital flow remains selective
Danantara acquires hospitality and real estate assets in Makkah
Malaysia’s Halogen Capital raises $3.2m round led by Kenanga, 500 Global
VinFast pledges another $1b to scale EV production in Indonesia
Brookfield buys eight logistics, industrial assets in Singapore for $262m
Thailand
The airline has had acting CEOs since 2020.
Singapore
The bonds were part of a S$19b rescue package backed by Temasek.
Greater China
Tencent said ad sales slumped 18% in Q1 2022.
In April, sales of NEVs dropped 61% month-on-month.
Indonesia
Garuda is seeking to slash liabilities of $9.8b to $3.7b under the plan.
UFC is gearing up for its fifth event in SG, which is rival ONE Championship’s home turf.
India
The company is planning to expand to more locations in SE Asia.
The company will postpone deliveries of its EVs.
The airline reported a net profit of $62.9m for the quarter ended Dec. 31.